Industry, Logistics & Shipping

IsDB working on 57 projects worth $3.8bn in Egypt

The Islamic Development Bank (IsDB) Group is currently implementing 57 projects worth $3.8 billion in Egypt, said Dr Bandar Hajjar, IsDB President.

He stressed the keenness of the IsDB to provide necessary support to the Egyptian economy in light of the coronavirus pandemic, reported Saudi Press Agency (SPA).

Additionally, IsDB expressed readiness to provide Egypt with $126 million, to back up Cairo's efforts to fight the pandemic.